Home Acts & Rules GST Acts Goods And Services Tax (Compensation To States) Act, 2017 Chapters List GST (COMPENSATION TO STATES) This
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Section 6 - Projected revenue for any year - Goods And Services Tax (Compensation To States) Act, 2017Extract Projected revenue for any year 6. The projected revenue for any year in a State shall be calculated by applying the projected growth rate over the base year revenue of that State. Illustration -If the base year revenue for 2015-16 for a concerned State, calculated as per section 5 is one hundred rupees, then the projected revenue for financial year 2018-19 shall be as follows- Projected Revenue for 2018-19-100= (1+14/100) 3
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